Facebook planning TikTok competitor 'Instagram Reels'

NEW YORK -- Facebook is planning to launch a short-form video feature on Instagram in early August, increasing competition with TikTok, according to reports.Developers are joining the race to create a quality TikTok alternative, TechCrunch reported, as U.S. officials consider a ban on the app and influencers leave the platform due to security concerns.The outlet reported that Facebook, which has more than 2.5 billion uses worldwide, launched Reels in Brazil in November, in France and Germany last month and in India last week after the country banned TikTok and dozens of other Chinese-owned apps amid tensions between the two countries.“The community in our test countries has shown so much creativity in short-form video, and we’ve heard from creators and people around the world that they’re eager to get started as well,” a Facebook spokesperson told TechCrunch.Reels will launch in the U.S. and more than 50 other countries, NBC News reported.